Can I still qualify for a loan modification if my loan has already been modified?

Each loan modification analysis is taken on a case-by-case basis. Sometimes, having a prior modification will disqualify my clients from certain categories of modification that that specific bank may offer, but it doesn’t mean that there’s other options that that bank offers, even with a second modification.

The most important thing for my clients to focus on is if we don’t ask for the modification, we’re never going to get the modification. I want my clients to focus their energy on obtaining all the financial disclosures, the tax returns, bank statements, pay stubs, profit and loss etc., and giving ourselves a shot at getting that second modification.